US court said PDVSA debt repayments impossible due to Venezuela sanctions

17 November 2020

US court said PDVSA debt repayments impossible due to Venezuela sanctionssharpner/Shutterstock.com

The US District Court for the Southern District of New York denied Dresser-Rand Company’s motion for summary judgment to collect on a Promissory Note issued by Venezuela’s state-run oil company PDVSA for the sum...

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Maya Lester KC

Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. She is the…

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